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Entrepreneurs, in particular, are having troubles with today's widespread age-disconnect between managers and employees. The many twentysomethings who are launching companies these days hire workers who are both younger and older than they are, writes the author, a frequent EntreWorld contributor. She maintains that to manage this so-called "generation gap," you'll need to build a common understanding based on your company's values.
Hiring a team for your startup should begin with a core team of three people and build from there. Read more about a strategy for building your team.
After realizing he needed a more rigorous hiring process in his fast-growing company, the entrepreneur author details his step-by-step interview process based on Topgrading hiring principles. This process enabled the author to recruit the best people possible for his company's top positions.
This serial entrepreneur shares the story of how she came to understand the importance of recruiting experienced entrepreneurs to her board of directors. In one instance a new director advised her to hold off accepting an offer for her company, enabling the company to grow and gain value for potential sale later.
Unless you have a strong team at the top, you and your company will struggle under the weight of growth. Knowing how to select, manage and lead a Top Team is one of the secrets to growth.
When key leaders are ready to move on to new challenges or even retirement, their legacy can be greatly diminished without good succession planning.
When it comes to compensation, the issue is not what you can pay, but what you can offer to the people you need to grow.
Pairing with charities enables entrepreneurial companies to offer a morale-boosting perk to employees while enhancing traditional marketing strategies, says the founder of a consultancy that facilitates such sponsorships.
If a business owner tracks employees’ social media activity, it requires striking a balance between company reputation monitoring and employee privacy.
New businesses may find online communications a great tool for efficiency, but studies suggest hiring is best done the old-fashioned way. Read more about job candidates lying online.
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